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14-16 Emerson Place # 14, Melrose MA 02176

Melrose, MA 02176
$590,000
Est. $3,616/month
2
Beds
1
Baths
1,235
Sq Ft
$478
Price/Sq Ft
1880
Year Built
17
Days on Market
Closed Listed Aug 5, 2024 • MLS# 73273904 Copied!

About this home

Charming historical detail meets modern convenience and style in this thoughtfully updated 2-bed, 1-bath condo! Nestled on a tree-lined side street in the Cedar Park neighborhood, 14 Emerson Pl offers a generous open living space with soaring 9’ ceilings, stunning updated kitchen and bathroom, in-unit laundry, 1-car parking, a private porch and a shared yard. A covered front porch welcomes you to a private entry. Large windows flood the gracious living room with natural light, further enhanced by a wood fireplace — perfect for entertaining. The dining area easily seats six or more. The updated eat-in kitchen boasts new appliances, quartz counters, and a tile backsplash. The bathroom is newly renovated, with a luxurious soaking tub, tile floor, and charming storage nook. Both bedrooms are quite spacious and one features a large walk-in closet. Just moments from local restaurants, schools, shopping, new public library, the Fells, and Cedar Park MBTA stop!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1880
Bedrooms
2
Full Bathrooms
1
Living Area
1,235 sq ft
Total Rooms
5
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $625,000
Final Sale Price: $590,000
Difference: $35,000 (-5.6%)
Performance Metrics
94.4%
List to Sale Ratio
Sold below asking price
17
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $506
Sale $/sq ft: $478
This property sold for $478 per square foot
Sale Summary

This property sold for 5.6% below the original asking price.

With only 17 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 7 similar properties sold within 0.5 miles in the last 90 days

This Property
$478/sq ft
Area Average
$458/sq ft
Difference
+4.4%

This property sold slightly above the area average for similar homes.

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1880
Living Area 1,235 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 5

Interior

Heating Baseboard, Natural Gas
Cooling Window Unit(s)
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Microwave, Refrigerator
Fireplace None
Fireplaces 1
Basement Y
Laundry First Floor, In Unit, Gas Dryer Hookup, Washer Hookup
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Porch, Storage, Fenced Yard
Pool None
Spa None
Fencing Fenced
Patio/Porch Porch

Parking

Features None
Total Spaces 1

Utilities

Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Dryer, Washer Hookup

Financial

Annual Tax $2,490
Assessed Value $716,300

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Microwave, Refrigerator
Interior Features:
Windows: Insulated Windows
Basement: Y
Laundry: First Floor, In Unit, Gas Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1880
Effective Year (Renovated): 2024
Structure Type: 2/3 Family
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch, Storage, Fenced Yard
Patio & Porch: Porch
Fencing: Fenced
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features:

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, Other

Location

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Neighborhood

14-16 Emerson Place # 14, Melrose MA 02176

Melrose, MA 02176

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $208
Homeowners Insurance $200
HOA Fee $225/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

5.6%
Price Range
21
Total Days on Market

Property Timeline

Sold
Sep 26, 2024
$590,000
Property sold
Days on Market: 21
🏠
Listed for Sale
Aug 5, 2024
$625,000
Original listing
Agent: Denman Drapkin Group Office: Compass

Price & Status History

Date Event Price Change
Aug 5, 2024 New Listing Added $625,000

Market Statistics

Days on Market
17 days
Price per Sq Ft
$478

Tax History

Year Taxes Assessment
2024 $2,490 $716,300

Financial Details

Annual Property Tax
$2,490
Tax Year 2024
HOA Fee
$225
Monthly
Assessed Value
$716,300

Listing Information

Listing Agent Denman Drapkin Group
Listing Office Compass
Agent MLS ID TM328243
Office MLS ID AN2606
Listing Data Updated Sep 26, 2024 2:26 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Melrose, MA

Real-time market trends and pricing data for this area

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